On December 16, 2020, TorQuest Partners announced its acquisition of VersaCold Logistics Services from KingSett Capital and Ivanhoe Cambridge along with various significant lease transactions and lease disputes. TorQuest partnered with The Investment Management Corporation of Ontario (IMCO) and OPTrust on this transaction to support VersaCold’s continued growth.
Kingsett Capital is Canada’s leading private equity real estate investment business co-investing with institutional and ultra-high net worth clients seeking to provide premium risk weighted returns through its various fund strategies.
VersaCold is Canada's largest end-to-end supply chain solutions company focused exclusively on the handling of temperature sensitive products.
Osler, Hoskin & Harcourt LLP advised KingSett with a team consisting of Manny Pressman, Alex Gorka, Jeremy Wu, Amy Sigurdson (Corporate), Paul Morassutti, Eric Choi (Real Estate), Jack Silverson, David Davachi (Tax), Joyce Bernasek, Hayley Larkin (Financial Services), Peter Glossop and Gajan Sathananthan (Regulatory).